Housing costs in Menlo Park?
A typical home costs
$2,476,200, which is 632.4% more expensive than the national average of
$338,100 and 237.6% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Menlo Park costs
$3,670 per month, which is 156.6% more than the national average of
$1,430 and 41.4% more than the state average of
$2,150.
Can I afford Menlo Park?
To live comfortably in Menlo Park, California, a minimum annual income of
$474,480 for a family, and
$122,800 for a single person is recommended.
What does A.I. say about Menlo Park?
Menlo Park, CA has a high cost of living. According to BestPlaces, it ranks in the top 10% of most expensive cities in America. Rent is especially costly, with average prices for a one-bedroom apartment reaching up to $3,500 per month. Food prices are also elevated, with a meal at an inexpensive restaurant costing around $14 and the price for a dozen eggs hovering around $4. Gasoline is also quite pricey—it averages about $4 per gallon. Overall, Menlo Park is known for its expensive lifestyle and while there are plenty of job opportunities and amenities available, this city does come with a hefty price tag.